GlobeNewswire Inc | Nov 18, 2020 02:00AM EST

November 18, 2020

AIM & TSX: TGL & NASDAQTGA

CALGARY, Alberta, Nov. 18, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (TransGlobe or the Company) announces that Shore Capital Stockbrokers Limited (Shore Capital) has been appointed as Joint Broker with immediate effect; working alongside the Company's Nominated Adviser and Joint Broker, Canaccord Genuity.

About TransGlobe

TransGlobe Energy Corporation is a cash flow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobes common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For further information, please contact:

TransGlobe Energy Via FTI ConsultingRandy Neely, President and Chief Executive OfficerEddie Ok, Chief Financial Officer Canaccord Genuity (Nomad & Joint Broker) +44 (0) 20 7523 8000Henry Fitzgerald-O'Connor James Asensio Shore Capital (Joint Broker) +44 (0) 207 408 4090Jerry Keen Toby Gibbs FTI Consulting (Financial PR) +44 (0) 20 3727 1000Ben Brewerton Genevieve Ryan transglobeenergy@fticonsulting.com Tailwind Associates (Investor Relations) darren@tailwindassociates.ca http://www.tailwindassociates.ca +1 403.618.8035Darren Engels investor.relations@trans-globe.com http://www.trans-globe.com +1 403.264.9888